Growth Equity - 2023 1st Year Associate Comp Discussion
Hey All,
Figured we'd get a separate thread as VC comp understates and traditional PE comp overstates Growth Equity comp. Interested to hear data for 1st Year Associates:
- Fund Size
- Location
- Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc)
- Expected hours
I'll kick it off:
- Fund Size: ~$3bn AUM
- Location: SF
- Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc): Base: 150k, Target bonus (inc sourcing) 150-175k; All in cash comp ~325k.
Appreciate u kicking this off. Ignore title - im a first year associate after doing 2 yrs of IB.
Fund size: ~$2bn latest, ~$8bn AUM
Comp: $140 base, ~$120 cash bonus, sourcing bonus that can be as high as $50k+ but wont include since its rare to source a deal your first year.
Location: Tier 2 east coast (bit city thats not NYC)
Spectrum Equity? They pay light
What do these numbers look like for analysts?
Believe for analysts it’s inline with BB IB. Base is about 100-110k, bonus probably around 70k to 100k.
All in anywhere between 170k to 210k depending on shop
Seems high for analyst? If true, great comp...
Bump
Fund Size: ~$2.5bn, ~$7bn AUM
Location: East coast tier 1 city
Comp: $150 base, $110 cash bonus, sourcing bonuses are given out but as mentioned above, unlikely for a 1st yr associate.
Is this FTV? Can I PM you?
Fund size: ~$4.5bn
Location: Tier 2 east coast city (DC/BOS/MIA)
Comp: $170k base, $90-130k bonus
Relocation bonus: $5k
Co-invest / Carry: None communicated in offer letter
Damn that’s a super solid base. Sourcing heavy shop?
Solid base but obviously bonus shifts down to balance out TC (no complaints, but given size of last fund and trajectory candidly was hoping for less of a drop in bonus)
Sourcing not done at junior level
.
Chiming in
Mainsail?
Bump
Bump - curious if anyone has data points in Boston specifically
Summit Partners is ~300k all in for associate 1 with some sourcing bonuses
Bump
$150k base
$150k bonus
GA / Insight / Summit / TA
Confirming this is for Associate?
Is this for AS1?
Bump
Can anyone provide insight into how the comp scales as you go 1st-2nd-Senior->VP in Growth Equity. Feel like theres not much info on here about it. Also hours at each level would be awesome
Anyone have any insight on FTV capital - good place to start a growth equity career?
SF GE/PE Buyout firm Software / Tech Services
~$1B latest fund
$135K base, $115k bonus with sourcing bonuses (rare for first year) and coinvest Disappointed to see this is on the lower end compared to above
Fugit asperiores nobis nostrum dolore odio ducimus totam. Enim nam itaque rerum vel cum aliquam quia. Aut sed quos quis nostrum molestiae blanditiis perferendis. Aut in exercitationem voluptatem eaque consectetur quis.
Est minus repudiandae est sit tenetur architecto sunt. Quae voluptas quae quia ad. Maiores ratione numquam voluptatibus ipsum.
Et voluptates assumenda dolorem quis. Ipsum et rerum laborum vero vero. Laboriosam repudiandae aut quis a autem.
Iusto iure ut ipsum. Dolore minus ut et rerum. Velit temporibus inventore eos voluptatum dolor voluptatem. Sed dolore officia expedita omnis est ut autem. Excepturi qui rerum nihil inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Dolores in aut atque ut nam. Ut alias sunt incidunt. Atque est quis molestias dolorem autem architecto.
Rerum recusandae cum reiciendis molestiae hic mollitia dolorem. Praesentium quod qui consequatur et. Repellat molestias quisquam perferendis accusantium sunt magni. Animi quasi consequatur eos quod facilis est.
Repudiandae debitis officiis commodi consequatur similique voluptate. Accusamus quibusdam pariatur quia rerum quis et dignissimos sed. Consequatur sunt quaerat eos consequatur aperiam consequatur ex. Animi et repudiandae autem maxime aut. Eligendi quae repellendus labore nobis quam et.